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Mixed-Use Corner Building
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518 S Dixie Hwy, West Palm Beach, FL 33401

Corner mixed-use property with a turnkey restaurant, market retail space, and seven multifamily units.

Property Size9,000 SF
Days on Market226

Property Features for 518 S Dixie Hwy

General Information

Standard status Active
Size 9,000 SF
Property subtype RETAIL
Listing Agency: Colliers | Fort Lauderdale
Listed By: Bastian Schauer · License #SL3315028
Source: Moodyscre
Added: Mar 10 Changed: Oct 10 Last Checked: Oct 20 at 6:18PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Fort Lauderdale

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Investment Insights

Based on property information with market context.

This mixed-use corner property includes a turnkey restaurant with a 4-COP liquor license, gourmet market retail space, and seven multifamily units. The restaurant and retail components are described as immaculately maintained and presented as immediate plug-and-play for an owner/operator, while the multifamily units add residential income within the same asset.

The property is prominently positioned at the corner of S. Dixie Highway and Hibiscus Street along an active and rapidly evolving Palm Beach County corridor. The remarks highlight strong visibility and traffic, with proximity to downtown West Palm Beach and the Intracoastal Waterway.

Offered for sale as a diversified income-producing investment, the building combines food and beverage use, neighborhood-serving retail, and residential units under one ownership structure.

Key Highlights

  • 9,000 SF mixed‑use corner property at the intersection of S Dixie Highway and Hibiscus Street.
  • Turnkey restaurant with a 4‑COP liquor license.
  • Gourmet market retail space plus seven multifamily units for diversified income streams.

Property Analytics

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Current Use

Palm Beach Service Freight Service Mama Bella Gourmet ... Cafe & Coffee Shop

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Mobile Phone Store Veterinary Clinic Restaurant Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,134
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33401, FL

31,302
Population
19,051
Households
1.6
Avg Household Size
40
Median Age
42%
College-Educated
89%
High-School Grad
5.1 sq mi
ZIP Area
6,138
Density / Sq Mi
$60,942
Median Household Income
$39,932
Median Earnings
$1,774
Median Rent
$430,900
Median Home Value
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Corner mixed-use property with a turnkey restaurant, market retail space, and seven multifamily units.
Where is this conventional restaurant located?
The property is located at 518 S Dixie Hwy West Palm Beach, FL.
What are key features of this property?
This property features: 9,000 SF mixed‑use corner property at the intersection of S Dixie Highway and Hibiscus Street.; Turnkey restaurant with a 4‑COP liquor license.; Gourmet market retail space plus seven multifamily units for diversified income streams.
(561) 281-6656 Call to check price and availability
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